How Can New York Be a City of ‘Yes, And?’

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How Can New York Be a City of ‘Yes, And?’

“While revised zoning enables new structures, what other structures can we put in place to ensure that rising developments aren’t accompanied by still-rising rents?”

Adi Talwar

On Thursday, the City Council is set to vote on “City of Yes”—a plan to increase housing production, put forward by the mayor and adjusted to be significantly more feasible to pass through the work of City Council in recent weeks. Despite some worrisome cracks and carve-outs, the Council will approve the proposal, and be applauded for it.

And then what? While revised zoning enables new structures, what other structures can we put in place to ensure that rising developments aren’t accompanied by still-rising rents? How can we be a City of ‘Yes, And?’

First, we hold developers of new units to strict affordability standards—not lax guidelines that are easily circumvented, such as those set forth at the state level under decades of 421-a. Government can and must invest more in and subsidize affordability, but that does not constitute a blank check for no return.



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